EdTech experienced unprecedented acceleration and saw the emergence of rapidly scaling online learning models in the past year or so. Learners discovered powerful study tools. Teachers adopted modern technology to teach online. Businesses operated remotely and did that just as well. Employees saw an opportunity to up-skill and re-skill. The future was suddenly pulled to the present and EdTech trends accelerated by a number of years.
GSV Ventures, a multi-stage venture capital firm investing in the education technology sector, has released its now-annual list of the 50 most important EdTech businesses in the world, the GSV EdTech 150. These are the 150 most transformative growth companies in digital learning — and NovoEd is fortunate enough to make the list.
The firm evaluated more than 2,000 VC and PE-backed private companies across several factors — revenue scale, revenue growth, user reach, geographic diversification, and margins profile, to arrive at the top 150 companies. In a time of great uncertainty in the world, these online learning platforms have been able to aid in transitioning classrooms online, maintaining access to educational resources and opportunities, and upskilling and reskilling workers.
Read the blog post here or view the full list here.
The Presentation Company, Facebook and NovoEd: The combination of these dedicated organizations provided the ingredients for creating something not just evolutionary, but revolutionary in on-demand training.